Rent compensation received from developer on Redevelopment of Building. Is it taxable? If yes under which head of income?
Whether corpus Fund received is also taxable?
3 Replies
CA. Sourav Sarkar
(Chartered Accountant )
(24583 Points)
Replied 13 July 2021
Yes it is taxable under capital gains.
Balamurali Unnithan MS
(STUDENT)
(1631 Points)
Replied 14 July 2021
Compensation From Employer -Under PGBP.(28)
Rent Allowancece From Employer -Salary Head. (15)
Rent Allowancece From Employer -Salary Head. (15)
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